Pan-African Liquid Telecom will be able to invest in Egyptian telecoms under an outline deal signed with Telecom Egypt, the country’s investment ministry said on Saturday.
Liquid Telecom, a subsidiary of Econet Wireless Global, will invest $400 million on data centres, infrastructure and financial inclusion, the ministry said in a statement.
The agreement includes a partnership between Telecom Egypt and Africa Data Centres, a subsidiary of Liquid, to build and operate new data centres across Egypt.
Pan-African Liquid Telecom will be able to invest in Egyptian telecoms under an outline deal signed with Telecom Egypt, the country’s investment ministry said on Saturday.
Liquid Telecom, a subsidiary of Econet Wireless Global, will invest $400 million on data centres, infrastructure and financial inclusion, the ministry said in a statement.
The agreement includes a partnership between Telecom Egypt and Africa Data Centres, a subsidiary of Liquid, to build and operate new data centres across Egypt.
